Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Citi's Mining Exploration Day 2016
18 slides from Northern Star Resources's conference presentation, Jun 27, 2016
Slide 1: Northern Star Resources – Citi's Mining Exploration Day
For personal use only Northern Star Resources – Citi’s Mining Exploration Day An Australian gold miner – for global investors June 2016
Slide 2: Disclaimer – Competent Persons Statements
Disclaimer Competent Persons Statements The information in this announcement that relates to mineral resource estimations, exploration results, data quality, geological interpretations and potential for eventual economic extraction, is based on information compiled by Darren Cooke, a Competent For p
Slide 3: Introduction - Third Biggest Australian Listed Gold Miner
Introduction - Third Biggest Australian Listed Gold Miner We are the third-biggest gold miner on the ASX both market cap and production For personal use only Paulsens & Ashburton Strong balance sheet, no debt - A$286M in Operations +3Moz Gold Camp Central Tanami Project cash, bullion & investments (
Slide 4: Efficient Capital Allocation - Organic vs Inorganic Growth
Efficient Capital Allocation - Organic vs Inorganic Growth Superior returns on invested capital continues to be the focus driving investment decisions for NST For personal use only Capital is forced to compete internally for project funding to ensure NST continues to generate a sector leading Return
Slide 5: Case Study: Why underground mines have short 'reserve' lives
Case Study: Why underground mines have short ‘reserve’ lives NST purchased Paulsens in 2010 with a six month mine plan For personal use only Immediately invested in dedicated drill drives to extend the orebody. NST has developed 6 drill drives to extend the ore body Down plunge drilling is technical
Slide 6: Resource growth a core focus within NST
Resource growth a core focus within NST NST has grown the resource base considerably by investing over A$110M in exploration since the acquisition of Paulsens in 2010 For personal use only FY2015, NST invested A$50M in exploration for organic growth across the portfolio Involved 470kms of drilling u
Slide 7: Exploration continuing to be the focus in 2016
Exploration continuing to be the focus in 2016 FY16 a further A$35M has been invested - over 320kms of exploration drilling occur across the portfolio of assets utilising up to 27 drill rigs For personal use only The aim of this investment is to convert the eight FY2015 discoveries into resources an
Slide 8: Jundee: A world class ore system
Jundee: A world class ore system FY15 exploration drilling increased resources by 166% to 1.35Moz For personal use only Drilling extended in mine resources and the discovery of the new Revelation Trend that is open in all directions FY16 focus is on increasing long term visibility by testing lateral
Slide 9: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address Future of the Kanowna Belle operations will be from the For personal use only Kanowna Belle mine and multiple ore sources in the region The high grade Velvet discovery announced in March 2015 Drill drive access rapidly established with exploration drilling a
Slide 10: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address Future of the Kanowna Belle operations will be from the For personal use only Kanowna Belle mine and multiple ore sources in the region The high grade Velvet discovery announced in March 2015 Drill drive access rapidly established with exploration drilling a
Slide 11: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address Future of the Kanowna Belle operations will be from the 9245 Drill Drive: further exploration will explore previous historical intercepts below 9000 RL For personal use only Kanowna Belle mine and multiple ore sources in the region The high grade Velvet disc
Slide 12: Kundana JV: Australia's next major gold camp
Kundana JV: Australia’s next major gold camp FY15 exploration increased EKJV (51% NST) resources owned tenements to 950koz at 11.3gpt FY16 drilling has confirmed Pegasus, Rubicon and Hornet deposits are linking at depth forming a 2km long ore For personal use only system Investment in new 2.1km link
Slide 13: Kundana (NST 100%): Australia's next major gold camp
Kundana (NST 100%): Australia’s next major gold camp NST’s FY15 exploration added 658koz at 6gpt on its 100% owned tenements at Kundana New Millennium discovery drilling completed in FY16, maiden ore reserve due mid year 2016 update For personal use only Future underground production will give acces
Slide 14: Plutonic: 5Moz produced and still growing
Plutonic: 5Moz produced and still growing The Plutonic resource increased by 17% to 1.7Moz in FY15 Over 120km of diamond drilling was completed in FY15 with a significant investment into capital development For personal use only Significant intercepts were achieved across the whole deposit with expl
Slide 15: Paulsens: The founding asset open down plunge
Paulsens: The founding asset open down plunge FY15 exploration increased resources by 7% to 441koz after mining depletion of 76koz For personal use only Paulsens orebody continues to hold a resource to reserve conversion ratio of 100% Recent drilling down plunge in Voyager 2 intersected 1.4m at 46.9
Slide 16: Central Tanami: Next tier of production growth
Central Tanami: Next tier of production growth The past 5 years has seen A$30M invested by historical owners at Groundrush in exploration, drilling and feasibility studies - current resource is 1Moz @ 4.8gpt gold (at a 1gpt grade cut-off) For personal use only Post transaction NST commenced a A$8M d
Slide 17: Why Invest in Northern Star
Why Invest in Northern Star Highly profitable: Net profit after tax up 79% to A$65.1M in 1HFY16; underlying free cash flow of A$96.7M; total interim dividend up 50% from 1H15 to A3¢ps For personal use only Strong balance sheet: no debt; A$286M in cash, bullion & investments (31 Mar 2016) Emphasis on
Slide 18: Northern Star Resources – Contact Details
For personal use only Northern Star Resources An Australian gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 Email – [email protected] / Website – www.nsrltd.com June 2016
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